Nouriel Roubini believes cryptocurrencies are not money and face severe limitations to be of any use. The economist, known as “Dr. Doom”, said digital assets were also the biggest bubble in history, in a recent interview with London Speaker Bureau.
Roubini believes the thousands of digital coins and tokens face challenges when used as a unit of account. He criticized the low speed of proof-of-work networks, while neglecting the higher transaction potential for newer networks using proof-of-stake.
The economist also sees too few users for digital currencies, attacking the notion that t...
